The Prices of Residents of Large Cities in Romania Have Increased by 60-90% in the Last Six Years, According to a Market Analysis

Colliers: Bucharest housing prices have risen by 60% in six years, while a 45% drop in building permits could trigger further increases in the coming years

In Romania’s major cities, residential prices have increased by between 60% and 90% over the past six years, making genuinely affordable apartments increasingly difficult to find in central and semi-central areas. In Iași, prices have risen by 80%, in Timișoara by 90%, while Cluj leads the ranking with a 100% surge over the same period. At the same time, in Bucharest the number of building permits has fallen by 45% in the last three years, limit…